OK time to rant about prices and market cap.
1) What is up with this 'only 21m people can own 1 BTC' meme? You could equally say '10^15 people can each own 1 SAT'.
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While it's true that Bitcoin is just a unit and Sats are the real deal, still, even a sat with equal purchasing power to that of $1 today would mean it can't be used as a currency (in smaller economies). How am I supposed to buy a cup of tea which is ₹10 (15 cent) if a sat ~ $1?
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Hm so if 1 sat became $1 then that means BTC market cap is $1,000 trillion...
so we've got some time but actually that's not as impossible as I thought it would be. I guess something something sidechain something something?
Yes exactly, you'd need additional layers to go sub-sats, that'd entirely destroy the scarcity concept of Bitcoin.
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No. Bitcoin is infinitely scalable. To my knowledge it is possible to add on more zeroes to a Bitcoin if needed, and no doing so would not affect the scarcity. Still only 21m Bitcoin
